Al-Etihad Cooperative Insurance Co. Announces an update on AL ETIHAD Cooperative Insurance announces the latest developments on the dispute filed by the company against Saudi Venture Capital Investment company
| Element List | Explanation |
|---|---|
| Introduction | With reference to the Company's announcement published on (Tadawul) website on 20-05-1445 Corresponding to 04-12-2023 regarding receiving a notification of Bahrain Chamber for Dispute Resolution for the case against Saudi Venture Capital Investment Company and others.
We hereby announce that on 25/06/1445 corresponding to 07/01/2024 the company has appealed against the resolution of Bahrain Chamber for Dispute Resolution for the case referred to above, to the Court of Cassation in the Kingdome of Bahrain. |
| Previous Announcement | AL ETIHAD Cooperative Insurance announces the latest developments on the dispute filed by the company against Saudi Venture Capital Investment company |
| Date of Previous Announcement on Saudi Exchange’s Website | 2023-12-04 Corresponding to 1445-05-20 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | Not applicable |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | Appeal fees of BD 152, in addition to submitting an appeal guarantee amounted to BD 68,060. |
| Additional Information | The company will announce any developments related to the case in due course. |
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